Yesterday, the National Consumer Law Center released a report on reverse mortgages, focused on the growth of the industry and the rise of abusive practices that parallel some of the tactics used during the subprime lending boom. The report, "Subprime Revisited: How the Rise of the Reverse Mortgage Lending Industry Puts Older Homeowners at Risk," along with an audio of the press conference, is available on NCLC's website at
http://www.consumerlaw.org/.